Abstract
The importance of analysing green economy has long been acknowledged by the international scientific community. Still there is strong demand for a comprehensive model which would serve as a scoreboard to assess a country’s progress on green track and identify regional developments. Having dwelled upon this task, this article suggests using an original method – so called EEPSE Green Economy Index (which combines educational, economic, political, societal and environmental indicators), based on the Quintuple Helix Model, to analyse green economy trends in the EU countries. The results of the present study advocate the efficiency of such a tool and show its potential in performing current analysis, as well as predicting future tendencies related to sustainable development.
Highlights
OF EEPSE GREEN ECONOMY INDEX FOR THE ANALYSIS OF REGIONAL TRENDS*Oleg Rybalkin 1, Olga Lavrinenko 2, Svetlana Ignatjeva 3, Alina Danileviča 41,2,4 Daugavpils University, Institute of Humanities and Social Sciences, Parades Str. 1-421, Daugavpils, LV-5401, Latvia 3 Daugavpils University, Computer Science Department, Parades Str. 1-413, Daugavpils, LV-5401, LatviaReceived 15 March 2021; accepted 13 July 2021; published 30 September 2021 AbstractThe importance of analysing green economy has long been acknowledged by the international scientific community
In line with existing and commonly acknowledged by scientific community indexes such as The Global Green Economy Index (GGEI), The Green Growth Index (GGI), The Global Green Finance Index (GGFI), Environmental Performance Index (EPI), whose components were used in the present study, this article aims to work out a new Green Economy Index based on the Quintuple Helix model, which would take into account educational, economic, political, social and environmental aspects of the phenomenon
The results show that there is a convergence process in terms of overall EEPSE Green Economy Index in the EU countries
Summary
OF EEPSE GREEN ECONOMY INDEX FOR THE ANALYSIS OF REGIONAL TRENDS*. Still there is strong demand for a comprehensive model which would serve as a scoreboard to assess a country’s progress on green track and identify regional developments. Having dwelled upon this task, this article suggests using an original method – so called EEPSE Green Economy Index (which combines educational, economic, political, societal and environmental indicators), based on the Quintuple Helix Model, to analyse green economy trends in the EU countries. The definition is unanimously accepted, alas ways of implementation of this approach towards development is under continuous discussion (Tvaronavičienė et al, 2015; Strielkowski et al, 2016; Tvaronavičienė, 2017; Razminienė, Tvaronavičienė, 2018; Eddelani et al, 2019).
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